Motorpoint Group (LON:MOTR) Reaches New 1-Year High at $160.00

Motorpoint Group Plc (LON:MOTR)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as GBX 160 ($2.10) and last traded at GBX 160 ($2.10), with a volume of 94138 shares. The stock had previously closed at GBX 144.50 ($1.90).

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “house stock” rating on shares of Motorpoint Group in a research note on Wednesday, July 24th.

Motorpoint Group Stock Up 10.7 %

The firm has a market cap of £136.46 million, a PE ratio of -1,605.56 and a beta of 0.94. The company has a debt-to-equity ratio of 422.83, a current ratio of 1.20 and a quick ratio of 0.12. The business’s 50 day moving average price is GBX 140.94 and its 200 day moving average price is GBX 138.20.

Insider Activity at Motorpoint Group

In related news, insider Mark Carpenter sold 100,000 shares of the company’s stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of GBX 140 ($1.84), for a total transaction of £140,000 ($184,089.41). 18.07% of the stock is owned by corporate insiders.

Motorpoint Group Company Profile

Motorpoint Group Plc operates as independent omnichannel vehicle retailer in the United Kingdom. It operates through Retail and Wholesale segments. The company also offers new cars that are under four years old or have completed less than 30,000 miles; and range of commercial vehicles under the Motorpoint brand.